The Fair Share Report
7 Summit Ct
Hackensack, NJ 07601
The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.
This home's full record →Check another house →
Step 1 · Market value
Likely range $590,248 – $732,694, from 12 comparable Hackensack sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Hackensack assessments sit below market value — republished every October, applied town-wide. A $684,000 home should be assessed near $510,127.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $31,627 below what the ratio math suggests (6.2%).
Step 4 · The tax rate — same for every Hackensack home
$1.457 Schools · 45% $0.291 County · 9% $1.460 Town · 46%
Step 5 · The bill
This home vs. every recent Hackensack sale · assessed ÷ market
49%91%
Paying about right
This home's ratio lands inside Hackensack's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 13 ZABRISKIE ST | 2025-11 | $530,000 | 1,710 | 70.3% |
| 17 ZABRISKIE ST | 2025-10 | $595,000 | 1,710 | 63.5% |
| 114 OLD HOBOKEN RD | 2025-02 | $1,099,000 | — | 68.2% |
| 308 HAMILTON PL | 2025-07 | $550,000 | 1,650 | 70.9% |
| 150 GRAND AVE | 2026-05 | $542,700 | 1,497 | 55.3% |
| 150 GRAND AVE. | 2025-07 | $520,000 | 1,497 | 65.6% |
| 309 LOOKOUT AVE | 2025-12 | $600,000 | 1,975 | 71.6% |
| 54 POLIFLY RD | 2025-02 | $460,000 | 1,590 | 74.5% |
| 125 KANSAS ST | 2025-11 | $599,000 | 1,964 | 61.0% |
| 140 DAVIS AVE. | 2026-02 | $675,000 | 1,965 | 61.9% |
| 485 GARDNER PL | 2025-03 | $640,000 | 1,539 | 66.5% |
| 137 AMES ST. | 2025-09 | $590,000 | 1,956 | 66.9% |
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